# Maaden stock faces phosphate cost pressure after Q3 profit drop

> Saudi miner Maaden reported third-quarter revenue up 11% year on year to $3.0 billion, while EBITDA fell 24% to $0.9 billion. Record sulfur costs and the absence of ammonia export sales weighed on its phosphate business, which nonetheless recovered to 1.6 million tonnes of granulated product as sulfur shortages eased.

- Date: 2026-11-12 · published 2026-11-12T03:11:04.832Z
- Category: market · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/94835-maaden-stock-faces-phosphate-cost-pressure-after-q3-profit-drop
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Record sulfur costs at a major Saudi phosphate producer signal tight input economics for phosphate fertilizer supply, which can support phosphate and DAP prices and raise costs for feed phosphate producers.

## Read by commodity

- DAP: bullish ▲

## Sources

- ad-hoc-news.de: https://www.ad-hoc-news.de/boerse/news/nebenwerte/maaden-stock-faces-phosphate-cost-pressure-after-q3-profit-drop/70494522

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.